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Corporate News: June2009

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Educomp reports 73% jump in consolidated net profit

Backed by strong performance of its education solutions software Smart Class which is targeted at schools, Educomp Ltd has registered 73%  jump in consolidated net profit to INR 54.5 crore for quarter ended March over last year. Its total revenues grew more than 50% to close the quarter at INR 184.3 crore.

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The education solutions provider attributed the performance to its two major products, Smart Class and instructional & computing technologies (ICT in education). Revenues as well as profits from Smart Class more than doubled for the quarter as it expanded its reach to 1.98 million students across more than 1,700 schools in the country. Similarly, the ICT business of Educomp has now reached more than 12,000 schools.

e2e People Practices launches EduWorks to embed
educational governess

e2e People Practices, India, has launched 'EduWorks' solutions to address critical aspects of managing the education system efficiently, hereby, bridging the gap between skill requirements of the corporate world and knowledge imparted by academic institutions. 'EduWorks' offers a three-point programme to align the skills and knowledge requirements of the corporate world to the existing curriculum.

'Today, students not only face competition from their contemporaries but also from professionals who are being given the pink slip. Being in sync with industry demands becomes critical to make yourself employable. EduWorks improves the student's employability becoming their 'hope' during recession,' said Yeshasvini Ramaswamy, Director, e2e People Practices. launches Delhi University Admissions 2009
community has launched Delhi University Admissions community, which would act as one-stop online destination for all DU admission related queries and also as a platform to connect DU colleges with thousands of students from Delhi and other states who aspire to get admission to Delhi University in 2009.

'Every year, the majority of applicants struggle to get the DU admission information. Students have to run from college to college for every small piece of information. Access to information becomes even more difficult for those who reside outside Delhi,' says Abhishek Singla, Director of Marketing,

MoU signed between NIT and TCS

A Memorandum of Understanding has been signed between the National Institute of Technology, Warangal and the Tata Consultancy Services, to envisage building technical knowledge pool and development of skilled human resources. As per the MoU, training facilities will be provided to students and faculties of the computer science and engineering departments of NIT.

There would be two-way transfer of technology information and knowledge through collaborative programme such as internships, guest lectures, seminar and symposia. Exchange of visits of technical people of the industry to institute and vice-versa, access to knowledge resources of the institute to the industry and vice versa will be a part of it.

FTIL, IGNOU seal MoU for programme on financial markets

MCX promoter Financial Technologies (India) Ltd (FTIL) has signed an MoU with the IGNOU, under which the open university will offer a one-year post-graduate diploma course in financial market practices. 

Financial Technologies Knowledge Management Co (FTKMC), a knowledge hub of the Financial Technologies Group,  will be the content provider for the course on financial markets. The programme will commence in July 2009 and will spread over five disciplines – equity markets, derivative markets, commodity markets, currency and bond markets, and professional practice in financial markets.

ViewSonic launches super short-throw portable projector

ViewSonic Corp., a global provider of visual display products, has launched a new versatile super short throw projector

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